TLT Family Holdco ULC
Long book
$724.1M
Q1 2026
Positions
8
Top-10 weight
100%
concentration
Last quarter
+12.3%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsTLT Family Holdco ULC is an institutional manager, specialised in financials (100% of the long book), running a $724.1M US long book across 8 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: THOMSON REUTERS CORP, VANGUARD S&P 500 ETF, VANGUARD TOT WORLD STK ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE.
Over the last 4 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 2 of 4 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q2 2025
+7.3%
Q3 2025
+2.7%
Q4 2025
-2.7%
Q1 2026
+12.3%
Sector allocation
Other 100%
Long book by quarter
What does TLT Family own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TRI4EUR THOMSON REUTERS CORP | — | 4.3M | $387.2M | 53.5% | Held |